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India’s Forex Reserve touches a new High !!!

Suraj

February 10, 2018

Uncategorized

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Reserve Bank of India on Friday said that India’s Forex Reserve touched a new high of 421.914 Billion USD. exchange reserves swelled by USD 4.12 billion. There is a healthy increase in the core currency assets and uptick in the gold stock. If we see the trend, in previous reporting week it was increased by 3 billion USD […]

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Merger Of Public Sector Insurer on Fast Track..!!!

      On 1 February 2018 in budgetary speech, Finance Minister Arun Jaitley announced that the three state-owned insurance companies, National Insurance, Oriental Insurance and United India Insurance will be merged and subsequently will be listed on the exchanges.   Sources close to the development said that Finance minister met all the  CMD’s of above-mentioned companies […]

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Movers and Shakers of the Crypto World

The wild ride of cryptocurrencies in late 2017 took almost everyone by surprise. The mainstream economic institutions were aghast while the anarcho-capitalist movement for the first time in its history was so close to shaking the foundation of the international economic order. In order to grasp the significance of the cryptocurrencies and their meteoric rise, […]

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Crypto Vocabulary for the Beginners: Part I

Before going into a new country, it is considered common sense to know the local language. It is also beneficial from the financial point when enters to conduct business in a new market. The same rule applies also to crypto market. Like every other market, this market has its own vocabulary along with its own […]

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What is Sensex & Nifty ?

Suraj

February 5, 2018

Finance

No Comment

Well, many people are confused between Sensex and Nifty. Most of them have a bit idea that these two are related with stock market. But what actually they are,  they don’t know. So today through this post we are going to discuss  Sensex and Nifty. Sensex The Term  SENSEX or SENSitve indEX) was introduced by the Bombay stock […]

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Lloyds banned purchase of Cryptocurrency through Credit Card

Suraj

February 5, 2018

Finance

No Comment

Biggest Bank of Britain announced the ban on using a credit card to purchase cryptocurrency mid fears they could run up huge losses. Breakdown Lloyds Banking Group will tell its 9 million credit card customers that, it will block any attempts to buy bitcoin as it has lost more than half its value in just two […]

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National Protection Health Scheme alias Modicare..!!!

Suraj

February 4, 2018

Health

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In his Fifth Budget Finance Minister Arun Jaitley announced National Protection Health Scheme. And he claimed that it will be “the world’s largest government-funded healthcare programme”. Through which 10 Crore families will be provided cashless cover up to Rs 5 Lac. Breakdown Briefing about National Health Protection Scheme even some people are now calling it Modicare, NITI […]

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KEY HIGHLIGHTS OF UNION BUDGET 2018

MarketBazar

February 1, 2018

Finance

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FISCAL SITUATION The fiscal deficit is 3.5% of GDP at Rs 5.95 lakh crore in 2017-18. Projecting fiscal deficit to be 3.3% of GDP in the next 2018-19 fiscal The government estimates 7.2-7.5% GDP growth in second half of the current FY18. TAX  Personal income tax slabs remain unchanged. LTCG(long-term capital gain) tax introduced – […]

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Coincheck Hacked…! Biggest hacking in Cryptoworld

  Last week Coincheck halted its sales and withdrawals of a cryptocurrency called NEM after hackers stole a reported 58 billion yen ($660 million). On January 26, $660 million worth of XEM were stolen from a low-security hot wallet that lacked multi-signature security measures. Coincheck executive during the press conference confirmed that all the funds […]

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FRDI BILL ANOTHER MOVE ON FINANCIAL REFORM

FINANCIAL RESOLUTION AND DEPOSIT INSURANCE (FRDI) BILL-2017 A bill tabled in Parliament recently — the Financial Resolution and Deposit Insurance (FRDI) Bill 2017.This bill is in news because of its “BAIL- IN” feature which gains too much controversy.While other aspects of the bill are equally important. The bill comes with IBC (Insolvency and Bankruptcy Code) to set […]

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